Gt Capital Holdings, Inc. · PSE:GTCAP
Gt Capital — The 13th Macquarie ASEAN Conference 2022
22 slides from Gt Capital's conference presentation, Aug 23, 2022
Slide 1: The 13th Macquarie ASEAN Conference 2022
The 13th Macquarie ASEAN Conference 2022 Singapore Presenters: Mr. Francis Suarez – Chief Financial Officer Mr. Joey Crisol – Head of Investor Relations Mr. Joaquin Mabanta – Investor Relations Officer Tuesday, 23 August 2022 For more information, Visit gtcapital.com.ph/investor-relations or contact
Slide 2: Philippine Covid-19 Updates
Philippine Covid-19 Updates
Slide 3: Philippine COVID-19 Updates 2022
Philippine COVID-19 Updates 2022 Daily COVID-19 Cases (7-day average) as of Aug 15, 2022 • Daily new cases down to 3,895 as of August 15 A3 A2 A1 vs. peak of 38,867 in Jan 15 Jan 15: 38,867 Omicron Surge • NCR under Alert Level 1 since March 1, 2022 (President Marcos said there will be no more lockd
Slide 4: GT Capital Group Vaccination Program
GT Capital Group Vaccination Program GT Capital commenced its vaccination program in partnership with the Manila Doctors Hospital and ActiveOne Health, Inc. on July 5, 2021 at Le Pavilion, Pasay City and at the Grand Hyatt, BGC. #healinGTogether #GTHasGotYourVacc #VaxForMetrobankGroup We pre-ordered
Slide 5: Macroeconomic Highlights
GT Strength in —=@— Adaptability GT CAPITAL HOLOINGS INCORZORATED Macroeconomic Highlights
Slide 6: Macroeconomic Conditions in 2022
Macroeconomic Conditions in 2022 Policy Rate Inflation 3.75% +175bps YTD (Consensus end-2022: 4.15%) 4.7 % July YTD (Consensus FY2022: 4.6% BSP: 5.0%) 7.8% 1H GDP (Consensus FY2022: 6.8% OFW Remittances FY 2021: 5.6%) 17.1 B USD 3,770 1H 2022 GDP Per Capita +2.8% YoY Sources: Bangko Sentral ng Pilip
Slide 7: Macroeconomic Overview
Macroeconomic Overview PHL economy on the road to recovery GDP GDP Quarterly (%YoY) GDP expected to match 2019 levels 12.0 FY22 Est. New Prev. 7.4% 2Q 2022 5.6 5.5 6.0 6.4 6.9 7.8 8.2 7.4 Bloomberg 6.8% 6.8% Consensus vs. 8.4% consensus MBT Research 6.3% 6.8% 5.6% FY 2021 -0.7 -3.9 6.0% to 6.0% to -
Slide 8: GT Capital Group Updates
GT Strength in —=@— Adaptability GT CAPITAL HOLOINGS INCORZORATED GT Capital Group Updates
Slide 9: Key Highlights – 1H 2022
Key Highlights – 1H 2022 Revenues Outpacing the Auto Industry P85.0B +33% Monthly Retail Vehicle Sales (In ‘000 Units) 1H 2022 Retail Vehicle Sales 2022 2021 2019 Net Income 80,090 Units 15.1 P3.4B 14.7 -3%* 14.4 109% 13.7 1H 2022 12.2 9.9 *Excl. TSR Sale in 2021, Net Income +5% +25.6%YoY of 1H 2019
Slide 10: Introducing the All-New LITE ACE
Introducing the All-New LITE ACE All-New Lite Ace Four Body Types • Launched in July 2022 1 2 • Four body types: o (1) Pickup, (2) Panel Van, (3) Utility Van, (4) Aluminum Van • Affordable and reliable light 3 4 commercial vehicle (LCV) to support Filipino businesses • In line with TMP’s thrust of M
Slide 11: TMP's Path to EV Transition
TMP’s Path to EV Transition 95% of Electrified Vehicle Users in the Philippines Corolla Cross Hybrid TMC Global EV Strategy RAV4 2.5L HEV (97% of 1H22 RAV4 Toyota Target Sales) 3.5 Million Global Sales of Battery EVs by 2030 Lexus Target IS 300h 1.0 Million (58% take-up in 1H22) Global Sales of Batt
Slide 12: Federal Land Partnerships with SM Group
Federal Land Partnerships with SM Group June 2016 30 June 2022 Federal Land and SMDC Joint Venture Inauguration of GT Capital/Federal Land and SM District 50-50 Ownership / Feb. 2019 Project Launch Q4 2020 Co-Development of Land w/ SM Group • 100-hectare mixed- use district in Riverpark North Estate
Slide 13: Federal Land NRE Global
Federal Land NRE Global 66% Php32B (property and cash) • Strategic partnership with NRE over next 2 years • Largest real estate developer in Japan in Php16B cash over next 2 years terms of condo unit turnover in 2021 34% • Fifth largest in consolidated sales • NRE’s largest investment outside Japan
Slide 14: Riverpark North and Riverpark South
Steady stream of projects with two JV Partners CALAX Riverpark North • Area Size: 100 hectares (42 hectares to be developed by SM Group) • Uses: Mall, school, residences, condominiums Lancaster • Launch within Q1 2023 Interchange Riverpark South Daang Hari Ext. • Area Size: 235 Hectares • Uses: Resi
Slide 15: Federal Land and GT Capital landbank near CALAX and Daang Hari
NLEX-SLEX Connector Road Riverpark Estate NAIA Expressway C-5 South Link Entertainment City CAVITEX Federal GT Capital Land Lancaster (Imus and General Trias) 401.58 148.7 Bellefort (Bacoor) 88.50 LRT-1 Extension Carmona 20.29 Alabang Shaw, Mandaluyong 0.46 CALAX MCX TARGET COMPLETION DATES: Santola
Slide 16: Enhanced ESG Practices
Enhanced ESG Practices ESG RATINGS PERFORMANCE • Improving our ESG Disclosures by adopting and aligning to MSCI ESG Sustainalytics S&P CSA Global sustainability reporting standards and frameworks such as Integrated Reporting, SASB, and TCFD in addition to GRI BBB (Average) 14.2 (Low Risk) 37 • Measu
Slide 17: GT Capital First Half 2022 Financial Highlights
GT Capital First Half 2022 Financial Highlights
Slide 18: GT Capital Financial Highlights 1H 2022
GT Capital Financial Highlights 1H 2022 Core Php8.1 Billion +39% Consolidated Php8.3 Billion1 +24% Net Income Php5.8 Billion 1H 2021 YoY Net Income Php6.7 Billion 1H 2021 2 YoY Share in Operating Operating Income Revenues Gross Premium Core Income Revenues P55.0 B +7% P5.7B +11% P15.1B -32% P9.8B +1
Slide 19: GT Capital Operating Core Income Contribution
GT Capital Operating Core Income Contribution Figures in Php M, except percentages 10,075 598 6% 8,045 1,230 12% 361 4% 676 7% Others 966 12% Infra 587 7% 1,781 18% Property 1,789 22% Auto 5,790 57% Banking 4,342 54% 1H 2021 1H 2022 Banking + Auto = 76 % Banking + Auto = 75% ©2022 GT Capital Investo
Slide 20: GT Capital Parent Financial Highlights
GT Capital Parent Financial Highlights Parent Net Debt to Equity Unutilized Short-Term Net gearing and interest 2.3x Credit Facilities coverage ratios Bank covenant Php33.5 B At various scenarios Consolidated Cash Php28.2 B 1.1x Internal Parent Cash target Php14.0 B 0.65x As of June 30, 2022 ©2022 G
Slide 21: Our Key Messages
Our Key Messages • Strong performance in 1H 2022 with core earnings growth of 39%, surpassing 2019 pre-Covid levels • Property to become next high growth engine for GT Capital from pipeline of new projects with two strategic partners, Nomura Real Estate and SM Group • Launch of Toyota Mobility Solut
Slide 22: Thank You!
Thank You! The 13th Macquarie ASEAN Conference 2022 Tuesday, 23 August 2022 For more information, Visit gtcapital.com.ph/investor-relations or contact IR@gtcapital.com.ph
GT Capital Holdings — The 13th Macquarie ASEAN Conference 2022 on 6ix